Independent Bank Corporation is a Michigan bank holding company that operates through its wholly-owned subsidiary, Independent Bank, a state-chartered bank established in 1864 and a member of the Federal Reserve System. The bank serves individuals and businesses across Lower Michigan through a network of branches and loan production offices, offering a comprehensive range of commercial banking products including deposit accounts, commercial and consumer lending, mortgage services, safe deposit services, and investment services arranged through third parties. The bank generates revenue primarily from interest and fees on its lending operations, supplemented by other interest income and non-interest revenue from services such as title insurance and safe deposit boxes, competing on the basis of pricing and service convenience against larger banks, credit unions, and financial technology companies.